Listing Agency: CBRE - Downtown Los Angeles j***@cbre.com Show Phone

Listed By: John Zanetos · License #01346686 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 20 Last Checked: Aug 23 at 11:46AM

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Investment Insights

Based on property information with market context.

Located in the heart of the South Park District, this office space is within walking distance of the Staples Center and LA Live. The property is also located three blocks from the Metro Blue Line. The property size is 29263 square feet.

Key Highlights

• Located in the heart of the South Park District
• Walking distance to Staples Center and LA Live
• Three blocks from the Metro Blue Line

Property Analytics

Property Profile

Current Use

RIC C. OTTAIANO Law Firm Mario Vega Law ... Law Firm BRADIENT Marketing & Advertising Simpson Gumpertz & Heger Engineering Consultant Great Public Schools ... High School

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

15,674

Businesses Nearby

Explore this area Business Placement

Demographics for 90015, CA

27,324

Population

14,635

Households

1.9

Avg Household Size

34

Median Age

48%

College-Educated

79%

High-School Grad

1.7 sq mi

ZIP Area

16,073

Density / Sq Mi

$63,211

Median Household Income

$47,819

Median Earnings

$2,385

Median Rent

$1,000,800

Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$25.76 /SF/Yr

Avg Asking Price

$1.99–$56.17 /SF/Yr

Price Range

11,439 SF

Avg Space Size

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space in the heart of the South Park District.

Where is this office units located?

The property is located at 1150 South Olive Street Los Angeles, CA.

What are key features of this property?

This property features: Located in the heart of the South Park District; Walking distance to Staples Center and LA Live; Three blocks from the Metro Blue Line